I have my tenants use kroll intl for disputing and monitoring, and pre paid legal for more advanced disputing.

At a minimum for assets, you'd need to verify the closing cost (minus up to 2-3% that the seller can cover), prepaids (last days of interest, escrow reserves, hoi), and 6 months of piti.6.

I would finance the tenants at 8%-9% with $3K downstroke and about $600 in closing costs and prepaids.

Hi,I was just wondering how many investors use Pre-Paid Legal Services in their REI businesses.

I'm trying to work a deal for a 4-plex in which I take a little bit of cash back at closing, or at least have financing cover all closing costs and prepaids.

Tax Benefits: There are several to include but not limited to:- Mortgage Interest Paid- Property Tax Deduction- Prepaid interest paid at settlement (for the tax year after purchase)- The cost of discount points (same as above)- Certain selling expenses (when you sell the property)- Any seller concessions (same as above)- Capital gains deferment (1031)- Proceeds from cash out refinance in some cases are tax freeI suggest that you speak to a CPA before you decide to purchase your first home and/or investment property...c.

I doesn't matter if you make your money bird dogging, making toothpicks, contracting, or selling Prepaid Legal.

Sell to pay ---% of purchase price for buyers prepaids, points, and nonrecurring closing costs.

Prepaid items that you cough up at closing, like taxes in some places, do not count.

(I have a pre-paid legal plan so that would not have cost me much but it would have taken some more time.)